First Andes Silver (CVE:FAS) Trading 25% Higher – Time to Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report)’s stock price was up 25% during mid-day trading on Monday . The company traded as high as C$0.11 and last traded at C$0.10. Approximately 2,264,452 shares changed hands during mid-day trading, an increase of 731% from the average daily volume of 272,652 shares. The stock had previously closed at C$0.08.

First Andes Silver Stock Up 4.8%

The company has a market cap of C$7.48 million, a price-to-earnings ratio of -11.00 and a beta of 1.93. The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09.

About First Andes Silver

(Get Free Report)

First Andes Silver Ltd., an exploration stage company, engages in the exploration of mineral properties in Peru. It explores for silver and gold properties. The company holds 100% interest in the Santas Gloria silver property covering an area of approximately 1,100 hectares located in Peru. The company was formerly known as Mantaro Precious Metals Corp.

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